Hello, truckers! Form 2290 pro-rated truck taxes for the heavy vehicles first used in December 2022 is due by the end of this month. Therefore, truckers and trucking taxpayers with December used heavy vehicles or trucks must report form 2290 on a pro-rated basis and pay the tax dues to the IRS on or before January 31. Or else IRS will charge hefty penalties, late charges and interests on tax dues. Remember that the IRS doesn’t give any extension or extra time to file your taxes. You must report your highway heavy vehicle use tax using form 2290 on a pro-rated basis for your December used vehicle and get the IRS stamped schedule 1 copy before the deadline.
IRS Downtime!
The IRS has closed for maintenance during the last week of December 2022 and is expected to open for business soon. During this downtime, they will not accept or process any new tax returns and send acceptance to the taxpayers. You can only report form 2290 taxes after the IRS opens for business. But you can e-file form 2290 HVUT at TruckDues.com at your convenient time. We will securely hold your returns in our system and transmit them to the IRS once they accept new returns. Your 2290 returns will be among the first to be processed by the IRS, and you will get the schedule 1 copy soon.
Form 2290 tax payments are applicable for all taxable heavy vehicles.
Suppose your heavy vehicle or truck belongs in the taxable category. In that case, you must report and pay form 2290 HVUT to the IRS and get a valid schedule 1 copy from the IRS to continue your trucking operations on the public highways. A heavy vehicle or truck must have a total gross weight of 55,000 pounds or more and be estimated to cover more than 5,000 miles (7,500 miles for agriculture vehicles) on the public highways must file form 2290 HVUT and pay the 2290 tax amount to the IRS. Also, the heavy vehicles that don’t belong in the taxable category must report form 2290 HVUT as tax-suspended vehicles. These vehicles are not entitled to any taxes.
Pro-rated 2290 taxes are charged based on the vehicle’s first used month.
As the general tax period starts in July and ends next June, the pro-rated 2290 truck taxes are calculated based on the first used month of the vehicle. The tax dues are estimated from the heavy vehicle’s first used month till the end of the ongoing tax period (June). Since you have to file the taxes for your December used heavy vehicles, you must estimate the 2290 taxes from December 2022 to June 2023 and pay the taxes to the IRS accordingly. And you must file the pro-rated form 2290 taxes for the December used heavy vehicle by the end of this January and get the IRS schedule 1 copy.
Tax2290.com is the best platform to e-file pro-rated form 2290!
Tax2290.com is an IRS-approved form 2290 e-filing service provider for online HVUT form 2290. We offer convenient solutions to e-file form 2290 directly to the IRS and instantly get the IRS-approved digitally stamped/watermarked schedule 1 copy. You can never worry about paper filing, accuracy, time, and money with Tax2290.com. Our services are the quickest, most accurate, and highly economical in every aspect to report and pay your HVUT form 2290 online. There are many attractive features in our Tax2290.com that will help you prepare your tax reports smoothly and accurately by saving a lot of time. Tax2290.com supports all IRS-approved online tax payment gateways. You can easily e-file form 2290 taxes and pay the tax dues directly to the IRS within no time. You can also download our Tax2290.com mobile application from Google Playstore and iPhone app store to e-file form 2290 with your smartphones. E-filing form 2290 online starts at $29.99 per return. Contact our customer support at +1 (866) 245 – 3918 for further assistance.